# BANK 1ST
WEST UNION, IA · FDIC certificate 13816 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $166.1M | |
| Deposits | $128.6M | |
| Loans and leases | $96.9M | |
| Total equity | $17.3M | |
| Loans / deposits | 74.24% (p51 of band) | 73.59% |
| Liquid assets / assets | 39.86% (p63 of band) | |
| Uninsured deposits / deposits | 24.33% (p66 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 11.50% (p86 of band) | |
| FHLB advances / assets | 11.50% | |
| Tier 1 leverage | 15.20% (p78 of band) | 11.76% |
| Unrealized securities loss / equity | -43.66% (p8 of band) | -6.57% |
| AOCI / equity | 0.39% (p93 of band) | |
| ROA (annualized) | 1.30% (p58 of band) | 1.17% |
| Net interest margin | 3.43% (p26 of band) | 3.93% |
| Efficiency ratio | 60.93% (p37 of band) | |
| Noncurrent loans | 0.00% (p24 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 46700.00% | |
| Real estate % of loans | 66% | |
| Construction % of loans | 28.79% (p63 of band) | |
| Auto loans | $1.5M (1.52% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.1% | |
| Employees | 19 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **deposits shrinking** (`shrink_deposits`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2016-09 | 0 |  | deposits shrinking, uninsured deposits leaving |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | deposits shrinking |  |
| 2017-06 | 0 |  | deposits shrinking |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | deposits shrinking |  |
| 2019-12 | 0 |  | deposits shrinking |
| 2020-03 | 1 | reserve under noncurrent |  |
| 2020-06 | 0 |  | reserve under noncurrent |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | capital falling, AOCI drag >20% of equity |  |
| 2022-06 | 2 | securities losses >30% of equity | capital falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving | AOCI drag >20% of equity |
| 2023-06 | 4 | capital falling | assets shrinking |
| 2023-09 | 3 |  | capital falling |
| 2023-12 | 3 |  |  |
| 2024-03 | 3 | wholesale funding >15% | uninsured deposits leaving |
| 2024-06 | 2 | capital falling | deposits shrinking, wholesale funding >15% |
| 2024-09 | 1 |  | capital falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2025-12 | 2 |  | assets shrinking, uninsured deposits leaving |
| 2026-03 | 4 | capital falling, uninsured deposits leaving |  |
| 2026-06 | 3 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-14 [Lake City Bank, 1st Source Make Forbes Best Banks List - InkFreeNews.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxPVkkyTnNuWWloWVFmX2kwdnVsOFdiM3p0MUI0cm5JODVPdDExV2xaZWFKeFlDSEFVMHZrc1h2U3dxVVI2dzVreFBJbGdlQnh5ajlPbTZMVjZLd0N4VlZkNU1rYlNYcmV0T1BxdGE0RjJWZ3hoa1F1d1cyTVB2dHN2Vk5BQlFkWFJSV0hUamRONlNVRjdkUHFjMw?oc=5) · InkFreeNews.com
- 2009-01-14 [A Look at Name Changes Around the Financial Industry - The Financial Brand](https://news.google.com/rss/articles/CBMihgFBVV95cUxPU1F6Y0V0V2xhUzdRNGw2S0NiTEI4X3pnR2FrdmIxVlNHcEZ0ZUxILTFxSjFYNkJoT0hreENFc3luQ1pGcFdUUDV4bTlQcDZTRjZJQmxhYjVDaTI2LWEtN1R6c1NGeGxCRElMX2VaQjlGT0stZURXeUo2Sm5BMkNOX0wyZXJaZw?oc=5) · The Financial Brand
- 2019-05-14 [Drake Honors Goodenows for Years of Service - Drake University Newsroom](https://news.google.com/rss/articles/CBMihAFBVV95cUxOQjFvUUFxUk12Z21LT3lVb0lDc1d3Yl95dGZzazVqSGl1QVlUVDdLekNzWkkxYjljOS00aTlLN3dCZUZ3cU9UUk9fdG9lcko4emxxWEthcjlhREJYT2psU2Ixc3hlWDYtV3NqOUlYeW9aa2NseE5vMTJJWjlkN0VMODJ2STE?oc=5) · Drake University Newsroom
- 2022-01-16 [JoAnn Stessman Obituary Jan 16, 2022 - Fouts Funeral Home](https://news.google.com/rss/articles/CBMiakFVX3lxTE12bHJJamVjYXlFQXhNRFgyRmJqenYtTmtCRmxvOTQ0d3pJYXhXR1JSd2s1UkpVam1jRnJUMW9MdTFEM1psR0cxX1o5WUFRNW14akRkREQwbmVJUE11a2lmYkJwSTE5cDN6d2c?oc=5) · Fouts Funeral Home
- 2020-04-02 [Best Bank CD Rates for September 2026: Lock In 4.50% Today - Investopedia](https://news.google.com/rss/articles/CBMiZkFVX3lxTFBqaGNPNHhIeDdXMTZ3SkRkQmpVc0hZVmRQTl8zZFJhTmE0Mzd3akhrTDdTYWxVR2xrNC1sVGpNS1hkNGpQTDg3WTVSX1Q3bEo3WGdGMGNrbW1QRVdkT3dpX251NjA1QQ?oc=5) · Investopedia
- 2015-06-16 [First Quarter 2015 Economic & Credit Availability Survey - CBIA](https://news.google.com/rss/articles/CBMimgFBVV95cUxQanVXVmxBUlNCc05RYXA4cUVqX3g5ZEhDdjBjUmwyb0RIa0tVTWROdldXZWRZS2pOb0FtUHNFMjVSbTFOMWVfWHQ3TGpEaEdlc2tqZWd2eUZEZWw4ZkNEMHZWRXJVcUs2TzlVeExLMjlFekJyTVVtTkx6cFhobnFjdUpXT3dOZG9fSFpsSTE0eGQydHVHRGljWDVn?oc=5) · CBIA
- 2016-11-01 [The better to see you with - The Des Moines Register](https://news.google.com/rss/articles/CBMimwFBVV95cUxNcWJTaHlhaG5rNGN0TTIybmFCaHFYSklLaFNaQlpXSDNpbkFhZ2FKS0tWM3czdzZIckFzVEY0WWVzSV8tdWdvNWV3SFE1aEM5Tk1EX2lyZmJzTnZSRmV0NWlnbm9RVGt4ZExFTFlhQnZ2R0pyd1ZHck42cU1lZ05JaDZjUXgzWEIzaWkyaXVjNUp2c3l2VDN1c29Lbw?oc=5) · The Des Moines Register
- 2025-05-01 [People in Aviation May 2025 - Aviation International News](https://news.google.com/rss/articles/CBMilAFBVV95cUxOUGttUXJHY1VpWVdxMlFfeUVtNFdQN2VveWdSczd3eWhSZmhSdk5yNllwcU5DbWJCMzkzTG9ER3M1VHNBLWFCc0RXalRpbU0yLWZnaUtCS1c5Q2pNSVNYX3EzRVlyZTZjRnJyaHZpZW92TkNJbmNNZTUwRmsyal9Pd3pGRmdxdzdPMV92aEJBTkZ2c1VX?oc=5) · Aviation International News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13816 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/56.json (key "13816", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide